We are value investors who seek to generate market-beating returns by making prudent and disciplined investments on behalf of our investors.

Investment Principles

Protect the integrity of investors’ capital

Do not be afraid of contrarian thinking

Prudence is paramount in taking on leverage

Be patient with our investment decisions

Seek a margin of safety with our capital commitments

Seek out attractive investments around the world and across asset classes

Integrate ESG Investing to seek to reduce risk

All of these principles add up to an investment philosophy that is value-oriented and responsible and one that we believe has the potential to create above-average returns for our investors over the long haul while limiting downside exposure.